economy

February 11, 2026

How China is edging out the US in this big market

In 2025, China announced the elimination of tariffs on all imports for 53 African nations

How China is edging out the US in this big market

TL;DR

  • China is eliminating tariffs on nearly all imports from 53 African nations.
  • Kenya has signed a preliminary trade agreement with China granting 98.2% zero-duty market access for its goods.
  • The agreement prioritizes agricultural exports like avocados, tea, coffee, and macadamia nuts.
  • Economists see China's move as offering better trade terms than Western countries, potentially increasing China's influence.
  • There are concerns that the US might pressure African countries to abandon the China deal in exchange for renewing AGOA privileges.
  • The US House of Representatives has voted to extend AGOA for three years, a move seen by some as an attempt to counter China's growing trade influence in Africa.

Continue reading
the original article

Made withNostr